Financial Fine Print Uncovering a Company’s True Value phần 8 pdf

... company’s financial partner— a bank or other financial institution—creates an SPE to own a piece of property, say a new headquarters building for a company. The company is required to make annual ... three pages and some unusually strong language to the damage he believes derivatives are causing to world financial markets. “Derivatives are financial weapons of mass destructi...

Ngày tải lên: 10/08/2014, 11:20

... about a company’s real financial health. Details about many of the big corporate scandals that have domi- nated headlines in recent years and which have caused many investors to lose faith in the ... www.wiley.com. Library of Congress Cataloging-in-Publication Data Leder, Michelle. Financial fine print : uncovering a company’s true value / by Michelle Leder. p. cm. ISBN...

Ngày tải lên: 10/08/2014, 11:20

... individual investors approach financial reports the way that Neuville does. Indeed, at least before the accounting scandals of 2001 and 2002, most of us were apt to take financial results at face value, ... pharma- ceutical companies, and compare their 10-Ks because the accounting tends to be similar, making it easier to spot something unusual. c02.qxd 7/15/03 11:36 AM Page 28 Financi...

Ngày tải lên: 10/08/2014, 11:20

... releases and financial reports need to maintain a healthy skepticism and accept no statement at face value, ” the Bear Stearns report warned. “Since [pro forma] earn- ings are almost always higher than ... 19 Tyco International 19 Waste Management 19 # of Quarterly Company Charges/Gains Albertsons 18 AT&T 18 BMC Software 18 Dana 18 Du Pont De Nemours 18 International Paper 18...

Ngày tải lên: 10/08/2014, 11:20

... options may be giving too much of the com- pany away. R ED F LAG c05.qxd 7/15/03 10:03 AM Page 74 Financial Fine Print 82 Almost all companies report two earnings per share numbers each quarter: basic ... investors pay closer attention to these transactions. c06.qxd 7/15/03 11:39 AM Page 86 Financial Fine Print 88 equally important? Probably not. Still, many other companies c...

Ngày tải lên: 10/08/2014, 11:20

... 11:39 AM Page 96 Financial Fine Print 104 actually declined. That make-believe gain shows up on the income statement and can make both net and operating income look better than they actually are. ... individual investors,” says Paul Hodgson of The Corporate Library. “This kind of behavior says a lot about the management as a whole.” c06.qxd 7/15/03 11:39 AM Page 102 Financial Fi...

Ngày tải lên: 10/08/2014, 11:20

... by passing the Sarbanes-Oxley Act in July 2002, and FASB and the SEC each issued rules designed to deal with off-balance sheet transactions in January 2003. For companies that are on a calendar ... sheet obligations? Because they can mask a company’s true financial condition, making it look stronger than it really is. Pushing debt and other obligations off the balance sheet changes...

Ngày tải lên: 10/08/2014, 11:20

... real lack of honesty plaguing corporate America. “There’s still a clear mentality in corporate America that they don’t want to make any changes,” says Turner, who after leaving the SEC in August ... proxy? Do they raise concerns about the company’s approach to corporate governance? bapp01.qxd 7/15/03 10:55 AM Page 1 68 Financial Fine Print 1 58 companies whose corporate executives...

Ngày tải lên: 10/08/2014, 11:20

... also Financial Accounting Standards Board (FASB), pensions Financial Accounting Standards Board (FASB): options, 68, 76, 78 79, 84 , 1 58 pensions, 103, 115, 122 related party transactions, 88 –90, ... International: accounting scandal, 16, 39, 85 , 101 aggressive accounting, xi, 16, 28, 58, 88 criminal charges against, 86 87 footnotes, 43–44, special charges, 56 United Airlines...

Ngày tải lên: 10/08/2014, 11:20

... INSURANCE 39 RESOURCES USEFUL CONTACTS Atradius www.atradius.co.uk Institute of Directors www.iod.com Abe WalkingBear Sanchez www.abewalkingbear.com Association of Chartered Certified Accountants (ACCA) www.accaglobal.com Association ... easiest to find financial data about companies that are publicly quoted because of their obligations to provide key financial and other information to th...

Ngày tải lên: 29/03/2014, 03:21